Business program aimed at minorities, women

April 15, 2012

Minority and women business owners in Hagerstown have opportunities to learn how to strengthen and grow their businesses through a series of networking events and workshops organized by the city of Hagerstown.

Participants will be able to build partnerships with other businesses and leaders in the community, hear from noted speakers about business-related topics and market their own products and services.

The City of Hagerstown’s Minority and Women-Owned Business Program uses federal funds through the U.S. Small Business Administration to provide minority and women entrepreneurs with training and assistance to maintain and foster their business. Participating businesses must be within the corporate limits of Hagerstown and be at least 51 percent owned by a woman or recognized minority.

The first networking event was Feb. 29 at Bridge of Life, 14 S. Potomac St.

Business owners can also take advantage of assistance in the form of expert consultation, services and grants. The Technical Assistance Program provides up to $1,000 for one-on-one business consulting and information-technology training. The Revolving Loan Program provides short-term loans at a low interest rate for up to $7,500. Businesses must be in operation for two or more years to qualify.

Advertisement

Networking events will be held the last Wednesday of each month at the Bridge of Life church through August.